Pepe Price Soars 3.24%, Faces Possible Correction Again

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Pepe (PEPE) price has increased by over 3.24% in the 24 hours, helping its value to soar above $0.000003418
Despite the upward momentum of the memecoin, technical indicators are showing bearish signals
Pepe is expected to face a major resistance level at around $0.0000034, while $0.0000030 would work as a strong support in the downward trend

On March 31, Pepe (PEPE) memecoin soared by over 3% on a daily chart after gaining bullish momentum along with the overall crypto market. 
At the time of writing this, PEPE memecoin is trading at around $0.000003418 with a spike of 3.24% in the last 24 hours, according to CoinMarketCap.
Pepe Trapped in Consolidation Zone on Daily Chart
Pepe is currently trading within a multi-month compression pattern around its lows. 
According to the technical analysis, over a long period of time, Pepe has been creating a tightening range. This is a pattern linked to reducing pressure that decides a directional breakout. Its price is currently

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We współpracy z: https://www.cryptonewsz.com/pepe-price-soar-3-24-possible-correction/

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